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Mahindra Rural Housing Finance Cluster Manager salaries in India

Annual salary range
6 - 13 years exp.
₹3.4 Lakhs - ₹11 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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24% less than the average Cluster Manager Salary in NBFC Companies for 6 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Cluster Manager Salary
11 - 13 years exp. (3 salaries)
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₹5.5 L/yr - ₹11 L/yr

Finance & Accounting
Cluster Manager Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹5.7 L/yr

Sales & Business Development
Cluster Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 17 Aug 2024

Companies similar to Mahindra Rural Housing Finance for Cluster Manager

Company name Avg Annual Salary Open Jobs
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Aavas Financiers Cluster Manager Salary

7 - 15 years exp. (6 salaries)

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₹7 L/yr - ₹13 L/yr

arrow icon 25% more
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L&T Finance Cluster Manager Salary

3 - 12 years exp. (8 salaries)

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₹4.2 L/yr - ₹8.1 L/yr

arrow icon 9% less
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₹8.4 L/yr - ₹20.9 L/yr

arrow icon 104% more
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₹4.7 L/yr - ₹9 L/yr

arrow icon 12% more
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₹5 L/yr - ₹10.4 L/yr

arrow icon 13% more
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HDFC Bank Cluster Manager Salary

5 - 16 years exp. (24 salaries)

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₹5 L/yr - ₹20 L/yr

arrow icon 62% more
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Bajaj Finance Cluster Manager Salary

5 - 14 years exp. (302 salaries)

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₹8.1 L/yr - ₹29.5 L/yr

arrow icon 177% more
37 job openings
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HDB Financial Services Cluster Manager Salary

10 - 23 years exp. (240 salaries)

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₹9.5 L/yr - ₹26 L/yr

arrow icon 151% more
4 job openings
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Muthoot Finance Cluster Manager Salary

8 - 20 years exp. (144 salaries)

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₹4 L/yr - ₹9.8 L/yr

arrow icon 1% more
2 job openings
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SMFG India Credit Cluster Manager Salary

8 - 19 years exp. (72 salaries)

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₹5 L/yr - ₹21 L/yr

arrow icon 73% more
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₹5.3 L/yr - ₹8.4 L/yr

arrow icon 4% less
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Mahindra Finance Cluster Manager Salary

8 - 19 years exp. (34 salaries)

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₹6.5 L/yr - ₹16 L/yr

arrow icon 48% more
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Tata Capital Cluster Manager Salary

6 - 16 years exp. (22 salaries)

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₹6.5 L/yr - ₹15.5 L/yr

arrow icon 75% more
1 job opening
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Home Credit Finance Cluster Manager Salary

6 - 15 years exp. (19 salaries)

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₹4.1 L/yr - ₹9 L/yr

arrow icon 12% less
2 job openings
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Kotak Mahindra Prime Cluster Manager Salary

7 - 17 years exp. (19 salaries)

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₹6.5 L/yr - ₹11.5 L/yr

arrow icon 43% more
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IIFL Finance Cluster Manager Salary

3 - 15 years exp. (17 salaries)

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₹3.7 L/yr - ₹7.5 L/yr

arrow icon 13% less
1 job opening
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SK Finance Limited Cluster Manager Salary

9 - 15 years exp. (13 salaries)

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₹5.8 L/yr - ₹15 L/yr

arrow icon 51% more
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Muthoot Fincorp Cluster Manager Salary

10 - 14 years exp. (10 salaries)

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₹5.2 L/yr - ₹10.5 L/yr

arrow icon 3% less
2 job openings
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Poonawalla Fincorp Cluster Manager Salary

9 - 16 years exp. (7 salaries)

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₹12 L/yr - ₹21.5 L/yr

arrow icon 120% more
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CreditAccess Grameen Cluster Manager Salary

7 - 17 years exp. (6 salaries)

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₹2.2 L/yr - ₹4.3 L/yr

arrow icon 51% less
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Cluster Manager salary at Mahindra Rural Housing Finance ranges between ₹3.4 Lakhs to ₹11 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Rural Housing Finance.

Latest annual salaries shared by Mahindra Rural Housing Finance Cluster Manager

4mo ago
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7 years exp.
9mo ago
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13 years exp.
1y ago
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6 years exp.
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12 years exp.
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6 years exp.
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11 years exp.

Experience wise Mahindra Rural Housing Finance Cluster Manager salaries

Last Updated: 17 Aug 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹5.7 L/yr
8 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
9 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹7.5 L/yr
10 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.6 L/yr
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Similar Designation salaries in Mahindra Rural Housing Finance

Cluster Head Salary
(3 salaries)
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₹9.2 L/yr - ₹14 L/yr
Area Manager Salary
(10 salaries)
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₹9.25 L/yr - ₹14 L/yr
Deputy Manager Salary
(90 salaries)
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₹3.2 L/yr - ₹10.75 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Sales Manager Salary
(19 salaries)
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₹1.5 L/yr - ₹6 L/yr
Branch Manager Salary
(363 salaries)
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₹1.85 L/yr - ₹8 L/yr
Territory Manager Salary
(191 salaries)
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₹4.6 L/yr - ₹13.5 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹9.4 L/yr - ₹12 L/yr
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₹2.6 L/yr - ₹4 L/yr
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₹8.85 L/yr - ₹21 L/yr

Salary related reviews for Mahindra Rural Housing Finance

4.0

Rated by 7 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 15 Dec 2024

3.0
 for  Salary and Benefits

Likes

...ed us and made us resign and then did not even give us relief, we felt very bad. Despite the salary being very low (21500), we worked honestly for 8 years in Mahindra company. A staff in another company earns this much salary

read more
  • Skill development - Good

Dislikes

The company to which the employee gave 8 years of his life, harassed the employee and made him resign from the job, after which I was asked for early relieving, then even after I mailed for early relieving, I was not given early relieving,If I want, I can seek relief through court case because I have the recording which was spoken by the company's HR and Deepak sir (Business Head).

read more
  • Job security - Poor

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 03 Oct 2024

3.0
 for  Salary and Benefits

Likes

I like company culture environment co operative senior..

  • Skill development - Good
  • +5 more

Dislikes

I dislike company salary structure compare for new joining against old employee who was complete his above 5 years in company but company not provide as per role benefits.

read more

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 21 Jan 2024

1.0
 for  Salary and Benefits

Likes

I don't like the Mahindra Rural Housing Finance (MRHFL) Reason: I started January 8 this month's salary not credit in my account and February month salary just 6500 rupees worst behaviour HR department. I not relieved the company but company abscond my name, I facing big problem in my life intercaste marriage this the reason abscond my name, I called to HR department in my relieving letter HR is not giving my relieving letter, so many problems in this company🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬

read more

Dislikes

Worst experience in this company

  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 18 Apr 2023

4.0
 for  Salary and Benefits

Likes

Salary on time

  • Salary - Good
  • +2 more

Dislikes

No salary growth after internal promotion. Working on Sunday Late night Working Very poor incentive policy All work manually Poor infrastructure Lazy HR Casual approach company Risk on field to executive on collection time Poor legal

read more
  • Skill development - Bad
  • +1 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 17 Oct 2022

2.0
 for  Salary and Benefits

Likes

1.In this company provide loans for rural people and transforming rural areas in that reason educate to rural people 2.For giving best career to every one 3.Freshers can do and mingle with this company easily

read more
  • Job security - Excellent
  • +1 more

Dislikes

Salary Hich is very bad

  • Salary - Poor
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Mahindra Rural Housing Finance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Mahindra Rural Housing Finance?
Cluster Manager salary at Mahindra Rural Housing Finance in India ranges between ₹3.4 Lakhs to ₹11.0 Lakhs for experience between 6 years to 13 years. According to our estimates it is 24% less than the average Cluster Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Rural Housing Finance India.
How does the salary of a Cluster Manager at Mahindra Rural Housing Finance India compare with the average salary range for this job?
The average salary of a Cluster Manager at Mahindra Rural Housing Finance is 24% less than the average salary of a Cluster Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Mahindra Rural Housing Finance to a Cluster Manager in India?
  • Bajaj Finance Cluster Manager Salary - ₹8.1 Lakhs to ₹29.5 Lakhs per year
  • HDB Financial Services Cluster Manager Salary - ₹9.5 Lakhs to ₹26.0 Lakhs per year
  • Poonawalla Fincorp Cluster Manager Salary - ₹12.0 Lakhs to ₹21.5 Lakhs per year
  • Piramal Capital Housing Finance Cluster Manager Salary - ₹8.4 Lakhs to ₹20.9 Lakhs per year
  • Tata Capital Cluster Manager Salary - ₹6.5 Lakhs to ₹15.5 Lakhs per year
What is the salary of a Cluster Manager in companies similar to Mahindra Rural Housing Finance in India?
  • SMFG India Credit Cluster Manager Salary - ₹5.0 Lakhs to ₹21.0 Lakhs per year
  • HDFC Bank Cluster Manager Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
  • SK Finance Limited Cluster Manager Salary - ₹5.8 Lakhs to ₹15.0 Lakhs per year
  • Mahindra Finance Cluster Manager Salary - ₹6.5 Lakhs to ₹16.0 Lakhs per year
  • Kotak Mahindra Prime Cluster Manager Salary - ₹6.5 Lakhs to ₹11.5 Lakhs per year
What is the estimated take home salary of a Cluster Manager at Mahindra Rural Housing Finance in India?
The estimated take-home salary of a Cluster Manager at Mahindra Rural Housing Finance ranges between ₹52,332 per month to ₹53,632 per month in India. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Cluster Manager salary in India which ranges between ₹3.4 Lakhs to ₹11.0 Lakhs per year for employees with experience between 6 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Cluster Manager at Mahindra Rural Housing Finance?
According to AmbitionBox, 67% of the Mahindra Rural Housing Finance Cluster Managers reported a notice period of 2 Months, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra Rural Housing Finance Cluster Manager salary in India ranges between ₹3.4 Lakhs to ₹11 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.